Sample Category Title

GBP/USD Watch 1.3000

Pivot (invalidation): 1.2920

Our preference Long positions above 1.2920 with targets at 1.2975 & 1.3000 in extension.

Alternative scenario Below 1.2920 look for further downside with 1.2890 & 1.2855 as targets.

Comment Technically the RSI is above its neutrality area at 50.

EUR/USD Key Resistance At 1.1375

Pivot (invalidation): 1.1375

Our preference Short positions below 1.1375 with targets at 1.1350 & 1.1335 in extension.

Alternative scenario Above 1.1375 look for further upside with 1.1390 & 1.1410 as targets.

Comment The index currently faces a challenging resistance area at 1.1375.

USD/TRY Turning Up

Pivot (invalidation): 5.3260

Our preference Long positions above 5.3260 with targets at 5.3660 & 5.3880 in extension.

Alternative scenario Below 5.3260 look for further downside with 5.3145 & 5.2960 as targets.

Comment The RSI calls for a rebound.

AUD/USD Rebound

Pivot (invalidation): 0.7115

Our preference Long positions above 0.7115 with targets at 0.7150 & 0.7165 in extension.

Alternative scenario Below 0.7115 look for further downside with 0.7100 & 0.7085 as targets.

Comment The RSI calls for a rebound.

USD/CAD Intraday Support Around 1.3315

Pivot (invalidation): 1.3315

Our preference Long positions above 1.3315 with targets at 1.3360 & 1.3380 in extension.

Alternative scenario Below 1.3315 look for further downside with 1.3280 & 1.3250 as targets.

Comment A support base at 1.3315 has formed and has allowed for a temporary stabilisation.

USD/CHF Intraday Support Around 0.9955

Pivot (invalidation): 0.9955

Our preference Long positions above 0.9955 with targets at 0.9990 & 1.0010 in extension.

Alternative scenario Below 0.9955 look for further downside with 0.9930 & 0.9905 as targets.

Comment The RSI is above its neutrality area at 50%.

S&P 500 Under Pressure

Pivot (invalidation): 2658.00

Our preference Short positions below 2658.00 with targets at 2596.00 & 2569.75 in extension.

Alternative scenario Above 2658.00 look for further upside with 2676.00 & 2700.00 as targets.

Comment The RSI shows downside momentum.

DAX The Downside Prevails

Pivot (invalidation): 11130.00

Our preference Short positions below 11130.00 with targets at 11000.00 & 10950.00 in extension.

Alternative scenario Above 11130.00 look for further upside with 11180.00 & 11220.00 as targets.

Comment The RSI is bearish and calls for further downside.

Crude Oil Further Advance

Pivot (invalidation): 52.50

Our preference Long positions above 52.50 with targets at 53.55 & 53.80 in extension.

Alternative scenario Below 52.50 look for further downside with 52.10 & 51.75 as targets.

Comment The RSI advocates for further advance.

Silver Spot Further Advance

Pivot (invalidation): 15.2800

Our preference Long positions above 15.2800 with targets at 15.4200 & 15.4800 in extension.

Alternative scenario Below 15.2800 look for further downside with 15.2200 & 15.1600 as targets.

Comment The RSI advocates for further upside.